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Could a venerable reelmaker become collateral damage?

Andrew Madoff

Fortune Magazine
February 2, 2009
Page 19

FLY FISHERMEN maybe the next subculture tangled up in the Madoff mess, thanks to Bernard Madoff's younger son, Andrew. As the alleged $5o billion Ponzi scheme continued to claim victims including Manhattan philanthropists, Florida retirees, and Minnesotans (see page 8o), anglers worried how its fallout might affect Abel Automatics, a California-based maker of fly-fishing gear part-owned by Andrew Madoff, 42. Andrew, like his brother, Mark, 44, worked at the separate market-making side of the family firm and frequents fly-fishing hot spots like Baja California and the Catskills...

New Owners Ensure a Future for the Flyfishing Film Tour

A mass e-mail went out on December 31st from the four "Fish Bum" members of AEG—Thad Robison, Justin Crump, Chris Owens, and Brian Jill —to all of the 2009 sponsors of the Flyfishing Film Tour. The message contained three short sentences, with the important one right up top:

"Effective today 12/31/08, I have resigned from AEG Media. It has been a pleasure working with you."

The announcement sent off a landslide of speculation in the flyfishing blogopshere as to what caused the foursome to resign and what the future might hold for the Flyfishing Film Tour.

"Eldredge Bros. Fly Shop started in 1992 with Scott Eldredge's love of fly fishing. This was an idea he had for a fly shop that offered excellent customer service where any fly fisherman, no matter what their skill level, would feel comfortable." This is what Jim Bernstien, the manager, told me four years ago. To this day, they offer some of the best customer service I have seen any where.

I pour a little rum in my cider and get typing. At present, I am coupled with winter, 400 square feet of cabin, a half-empty bottle of rum, and memories of my rookie year of guiding in Yellowstone Park. The only sound breaking the tap-tap of the 'writer is the occasional gust of wind dusting off the roof. A summer spent on the Firehole seems so distant now. Far off like the bonefish flats and snook mangroves of someplace tropical that I'm too poor to visit.

In Montana there are two kinds of winter days-those that are warm enough for fishing and those that aren't. Here, cold is a relative term. A week of high-sky, 40-degree weather in early November can send the Baetis hatch into submission and seem downright arctic after a month of Indian Summer. Yet a windless February day topping off at 35 will feel balmy enough to send you searching for early stoneflies.